American Resources Corp (NASDAQ:AREC) announced on March 31 2026 that its subsidiary ReElement Technologies will enter into a strategic collaboration with Mitsubishi Materials Corporation. The partnership includes a strategic investment by Mitsubishi Materials, underscoring confidence in ReElement’s chromatographic refining technology for rare earths and critical minerals.
ReElement’s proprietary chromatographic separation platform offers a modular, scalable, and environmentally responsible alternative to traditional solvent‑based refining. By combining Mitsubishi Materials’ feedstock sourcing and recycling capabilities with ReElement’s technology, the two companies aim to expand domestic refining capacity in the United States and Japan, targeting both commercial and defense applications for high‑purity rare‑earth oxides and battery‑grade lithium.
"We are honored to partner with Mitsubishi Materials Corporation, a global leader in materials innovation and resource circulation," said Mark Jensen, CEO of ReElement Technologies. "Their commitment and long‑term vision reinforce the importance of building secure and resilient critical mineral supply chains across the United States and allied nations."
"The investment represents an initiative to advance the company's circular resource business as outlined in its medium‑term management strategy," added Tetsuya Tanaka, Executive Officer and President of Mitsubishi Materials Corporation.
The collaboration addresses a critical bottleneck in the global rare‑earth supply chain, where China currently controls 85‑90 % of refining capacity. By developing domestic and allied processing capabilities, the partnership seeks to reduce dependence on Chinese facilities, enhance supply‑chain resilience for defense and commercial sectors, and support the growing demand for battery‑grade lithium and high‑purity rare‑earth oxides.
While the exact financial terms of Mitsubishi Materials’ investment were not disclosed, the partnership signals a significant commitment to advancing circular resource strategies and positions both companies to capture a larger share of the rapidly expanding critical‑mineral market.
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